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Industrial production up by 2 pct in September
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased year-on-year (YoY) by 2 percent in September..., industry confidence according to the European Commission’s business surveys fell back into negative... confidence has declined by 3.6 points. Additionally, Markit’s manufacturing PMI slowed to 53.1 in October
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Primary cash surplus at 19.54 bln in October on monthly and aggregate expenditure falls
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 19.54 billion euros... euros, improving by 233 million euros compared to last year’s figure which came to a deficit of 567... euros against last year’s total of 38.67 billion. Year-on-year, expenditure for the month fell
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingof Greece’s first loan portfolio securitised against mortgages, with a gross book value of about 2... of Greece’s banks, but said that the bank was on track to achieve its goals for the year. He also commented that the handling of bad loan reductions continued to be a central focus for the bank’s activities
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ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October... for eight consecutive months now, though last month’s reading was the lowest since March this year. Against other EU countries, Greece’s overall sentiment was the second lowest after Slovakia, where
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General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 6.68 billion euros in the first 10... to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year.... For the same time last year, the balance stood at 3.12 billion euros. The current period’s figure
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Tsipras facing decision over timing of vote on Prespes Agreement
PoliticsGreek Politicsregarding the Macedonia name agreement, which looks set to trigger the end of SYRIZA’s coalition.... Kammenos’s position has been well-documented and does not come as a surprise to Tsipras, who knows that he...), including the revision of the country’s constitution, to be completed in January before Greek Parliament
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Economic sentiment at 101.6 in December, consumer confidence and retail trade strengthen
EconomyMacroeconomyGreece’s economic sentiment (ESI) was down by 0.2 points to 101.6 in December from 101.8... mark for nine consecutive months so far. Against other EU countries, Greece’s overall sentiment..., consumer confidence has improved by 15.3 points. December’s reading for consumer confidence
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Tsipras maps out path to next elections via Prespes Agreement and possible confidence vote
PoliticsGreek Politicsas late as October. Tsipras’s gambit seems designed to put pressure on Kammenos not to trigger... to the mill of New Democracy and Kyriakos Mitsotakis.” Scenarios If Kammenos complies with Tsipras’s request... or call snap elections before the government’s term is up. The advantage of waiting until October
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Unemployment at 18.6 pct in October as unemployed fall by 12.2 pct year-on-year
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for a third consecutive month in October, remaining at 18.6 percent, the Hellenic Statistical Authority’s (ELSTAT) data... unchanged from September, October’s figure marks the seventh consecutive month that unemployment has
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CPI up by 0.6 pct in Dec, matching annual average increase for 2018
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.6 percent in December from an increase of 1 percent... of -0.2 percent. December’s reading marks nine straight months of price rises. The average CPI... percent compared to November’s figure. The core index edged up by 0.6 percent in December after rising
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